The property’s potential for strong appreciation, combined with its appeal to high-quality tenants seeking modern living in a historic setting, made it an excellent addition to my portfolio.

I was drawn to this deal because it aligns with my strategy of combining immediate rental income with long-term development potential.

I like the fact that you combine your target avatar to your investment target.

Even the usually-strong HML started to get flu due to local economy.One thing I agree for office it's mostly regional, so combination of asset and place location is key where asset survived or move to the bank.

I just hope they stick around long enough to buy some SEO courses from my dude Jerryll. 

However, most banks have seasoning periods now so you probably wouldn't be able to actually tap into that equity for at least a year since your original loan was likely just to build.These equity plays are a different strategy, but combined with usual appreciation, can also work, especially in some markets more than others.

Combine both strategies. 1031 into a small multifamily where you live.

IMO, this combination of lower NOI growth and increasing interest rates will not only cause cap rates to expand / values to decline... it will also make it more difficult for owners to refinance, even out of "safe" long term fixed rate permanent debt.Personally I would not want to own leveraged multifamily assets now for this reason.  

Your best bet is to establish a website and do SEO for that market.

This is especially valuable if you’re running paid ads on social media or Google to drive traffic directly to the listing page.SEO and Branding: If you create a unique, SEO-friendly URL (e.g., “123MainStreet.com”), it can make the property stand out and be easy to remember.